Inflation is Coming: Buy Silver!
Discounted Silver!
Silver is being manipulated to our advantage as long as holders hold, and buyers buy. Silver is being sold ON DISCOUNT - if you can find a silver source willing to let go of their silver anywhere NEAR this price.
Silver is being manipulated down to cause people to view it as a "bad investment". They like seeing charts go up, so they can convince buyers to pay more for their asset. The reality is that there is very few investments (like real estate, food production and ammo) that are better at this moment. Silver is anything but a "bad investment".
The Real World
Hop on ebay to see what silver is really selling for. You may be able to find a few bars around $30/oz, but many are going for closer to $40/oz. Nothing anywhere near $26/oz.
Silver is SQUEEZED
There is a massive shortage of new silver entering the market. Currently, most silver bullion is recycled from past years, either silver coinage or rounds and bars. Most if not ALL silver bullion being produced is going straight into industry. If the industrial demand increases, they will need to get their silver from SOMEWHERE.
Who will sell it to them? Stackers? Maybe... if the price were right.
Anyone who refuses to listen now, will have to listen later. Silver is like BTC back in 2011, but with more utility. There is no actual DEMAND for BTC, yet we watched it skyrocket to a high of $64K.
How much more will an asset with tangible and physical properties, which has been the definition of MONEY for thousands of years, be worth once the dollar becomes devalued.
The dollar is already becoming devalued and artificially manipulated to seem like it's worth more.
A time is coming when everyone is going to become red pillinated, whether they want to or not.
Don't Be Swept Away in the Inflation TORNADO
The storm is coming, it's time to shelter the assets and accumulate your stack while it's affordable. Even with artificially deflated "spot" prices, silver is becoming more and more difficult to acquire.
How much more difficult will it become after the... correction.
Posted Using LeoFinance Beta
It's like what someone told me long ago while at work: "Stocks are on sale!"
Replace "stocks" with "silver" and it's even more true today.
Posted Using LeoFinance Beta
Given the scarcity and demand, $26 seems incredibly low... yet many stackers built their collection when silver was around $15 - $16. Now they could sell their stack for double that easily.... except most wont. They HODL their silver stack because they know. Selling silver at $30 - $40/oz is like selling BTC for $100 back in the day.
Price dropping + less supply = Something just doesn't add up.
Posted Using LeoFinance Beta
Industrial metals: the only resource I've ever heard of that deflates in price during scarcity.
Manipulation makes perfect sense to me. I buy what I can during the squeeze and save it for when it WILL replace fiat. 😁
Quite possibly!
Love the Wizard of Oz clip.
Especially the Jerome Powell bit and those Aussie comics doing the voiceover at the end.
Here it is. I knew I could find it :-
Clarke and Dawe. Thanks for the help @mattclarke
Pure gold.... well, pure copy paper anyway. :-). Thanks for posting that, I wondered where that sound bite came from.
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I dont buy Silver, sorry my friend, I buy HEX, PULSE, LasseCash and a little Hive:
If you could build a Tesla battery or a solar panel with hex, sign me up. Wonder which precious metal that jewelry is around his neck?
You have a point, are there silver in Tesla batteries and solar panels? See how little I know about silver.
About his jewelry, then Jewelry should not be considered an investment compared to anything like Hex.